Crude Petroleum in Argentina

EXPORTS (2018): $1.51B, World Rnk 37 / 120
Flag Rnk 8 / 1050

TOP DESTINATION (2018): $722M, United States

FASTEST GROWING MARKET (2017 - 2018): $668M, United States

IMPORTS (2018): $163M, World Rnk 72 / 148
Flag Rnk 77 / 1177

TOP ORIGIN (2018): $119M, Nigeria

ECONOMIC COMPLEXITY of Argentina (2018): 0.22, Rnk 57 / 137

Overview: This page contains the latest trade data of Crude Petroleum in Argentina.

Exports: In 2018, Argentina exported $1.51B in Crude Petroleum, making it the 37th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 8th most exported product in Argentina. The main destination of Crude Petroleum exports from Argentina are: United States ($722M), China ($610M), Netherlands ($79.8M), Chile ($62M), and India ($40.7M).

The fastest growing export markets for Crude Petroleum of Argentina between 2017 and 2018 were United States ($668M), China ($132M), and Netherlands ($79.8M).

Imports: In 2018, Argentina imported $163M in Crude Petroleum, becoming the 72nd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 77th most imported product in Argentina. Argentina imports Crude Petroleum primarily from: Nigeria ($119M) and United States ($43.9M).

Value

EXPORTS (2018): $1.51B

IMPORTS (2018): $163M

NET TRADE (2018): $1.35B

In 2018, Argentina exported $1.51B in Crude Petroleum. The main destinations of Argentina exports on Crude Petroleum were United States ($722M), China ($610M), Netherlands ($79.8M), Chile ($62M), and India ($40.7M).

In 2018, Argentina imported $163M in Crude Petroleum, mainly from Nigeria ($119M) and United States ($43.9M).

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IN 2018, Argentina HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

  • United States, $678M ($722M - $43.9M)
  • China, $610M ($610M - $0)
  • Netherlands, $79.8M ($79.8M - $0)

IN 2018, Argentina HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:: Nigeria, -$119M ($0 - $119M)

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Argentina WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Argentina WERE (2017 - 2018):: Saint Lucia, -$8.23M (-100%)

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Market Concentration

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Flow
Type

In 2018, Argentina's main exporting competitors in Crude Petroleum were:

In 2018, Argentina's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Argentina. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Crude Petroleum in the imports of Argentina were of 0% around the world.

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